Tuesday, March 31, 2015
By Karen Rouse
Monday, March 31, 2014
By Karen DeWitt : NYS Public Radio/WXXI
Comptroller Tom DiNapoli says a test public finance campaign might be unworkable.
Friday, August 20, 2010
WNYC has been reporting on the fundraising efforts of Democratic gubernatorial candidate Andrew Cuomo. He's raised more than $25 million -- and more than $3 million of it comes from "limited liability companies," or LLCs. The practice is legal, but government watchdogs say it's a loophole that lets wealthy individuals get around contribution limits by setting up shell companies.
Candidate Cuomo has pledged to close the LLC loophole, but he says in order to win office and reform the campaign law, he first needs to get elected. And to get elected, he says, he needs to keep the loophole open for just a little while longer, because he is not rich enough to finance his own campaign.